How much is the VND for the current USD exchange rate?
The central exchange rate is listed by the State Bank at 23,134 VND/USD.
The black market USD exchange rate today is at 23,000 - 23,350 VND (buy - sell).
Vietcombank's exchange rate today is listed at: VND 22,630 - VND 22,860 (buy - sell), unchanged in both directions compared to the previous trading session.
Vietcombank's Euro exchange rate is currently at VND 26,044 - VND 27,400 (buy - sell).
The Japanese Yen exchange rate is currently at 200 VND - 212 VND (buy - sell).
The British exchange rate is currently at 30,430 VND - 31,702 VND (buy - sell).
The Nhan exchange rate today is at 3,452 VND - 3,597 VND (buy - sell).
USD price today's increase, today's gold price has not been able to break out
The US Dollar Index (DXY) measuring the fluctuations of the greenback against 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF) is currently at 93.270.
USD prices increased and marked the third consecutive week of price increases. Concerns about the bankruptcy of Chinese real estate company Evergrande have supported the USD price to skyrocket again after a sharp decline in the previous session.
Evergrande Group is currently carrying a debt of 305 billion USD and is in a state of liquidation. This has investors worried about whether they will be able to pay before the 30-day grace period expires. The company's collapse could create systemic risks to China's financial system.
The dollar fell slightly after the People's Bank of China (PBOC) continued to pump money for the fourth time to soothe the market after China's Evergrande debt crisis. The total amount of net pumping money in 4 times is 46 billion USD.
USD prices are also affected by the news that the US Federal Reserve is likely to start cutting monthly bond purchases after November and the interest rate increase may take place earlier than expected.
Fed Chairman Cleveland Loretta Mester reiterated the message that the Fed is likely to gradually reduce bond purchases this year and start raising interest rates by the end of next year if the job market continues to improve as expected.
In his prepared statements during a listening session with the participation of many economists, Fed Chairman Jerome Powell did not provide details about his own economic prospects or monetary policies, which he outlined at the end of the Fed's two-day meeting on Wednesday.
The British pound weakened one day after "tailgate arguments" from the Bank of England.
The Japanese yen weakened 0.43% against the greenback at 110.77 per dollar.
In the cryptocurrency market, the price of Bitcoin and many other virtual currencies plummeted after China announced to tighten cryptocurrency trading, eliminate "illegal" activities and ban cryptocurrency mining nationwide.
World gold prices are under downward pressure as major central banks around the world are signaling early changes in monetary policy.
The breakthrough in US 10-year government bond yields this week is signaling a change in market trends. That also puts pressure on gold.
World gold prices are currently at 1,750.20 - 1,751.20 USD/ounce.
Today's SJC gold price is 56.35 million VND/tael (buy) and 57 million VND/tael (sell).
